San Diego startups fared extremely well in 2020
Written by Hannah Schmidtler Businesses have faced a multitude of hardships this last year. However, San Diego startups unexpectedly raised…
Economy
Annual pension payments for San Diego set to increase by $49M
Written by Sebastian Acosta New estimates of long-term pension debt will cause San Diego’s annual pension payment to increase from $365.6 million per year to $414.9 million, an increase of over $49 million. Longer life expectancy and higher average pay…
EDD may have paid $9.8B in fraudulent unemployment claims
Written by Hannah Schmidtler Before controls were installed in October, at least 10% of claims submitted to the state's Employment…
Bank of America sued for failure to protect unemployment recipients from fraud
Written by Justin Culetu Bank of America is facing a federal lawsuit for its failure to protect thousands of Californian’s…
Uber, Lyft, others, may face financial penalties due to new CA Supreme Court decision
Written by Michael Palomba Uber, Lyft, and other companies that operate in the gig-economy may face massive financial penalties in…
Verification process for suspended accounts begins at the EDD, may take more than a month
Written by Justin Culetu Since the start of the New Year, millions of Californians have had their unemployment claims cut off…
EDD to begin PUA and PEUC extension payments
Written by Hannah Schmidtler The Employment Development Department is prepared to offer extended unemployment benefits, providing millions of struggling Californias…
Reopen Cal Now members to protest COVID-19 lockdown at State Capital
Written by Hannah Schmidtler California residents have been asked to stay home under the most recent shutdown order. As a…
San Diego “Significantly Undersupplied” in housing supply
Written by Sebastian Acosta The San Diego metropolitan area may be the most undersupplied market in the nation for new…
Joe Biden: COVID-19 relief priority will be tied to race, gender
Written by Michael Palomba At a time when the country is more divided than it's ever been and millions are…